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Ex-Chairman of Canaan Jack Kong Faces Crypto Project Hack From Insider

Jack Kong, former chairman of China-based computer hardware manufacturer Canaan, has disclosed a hack of a cryptocurrency project that he has invested in. The hacker was reportedly an insider from the crypto project and...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ex-Chairman of Canaan Jack Kong Faces Crypto Project Hack From Insider
Jack Kong, former chairman of China-based computer hardware manufacturer Canaan, has disclosed a hack of a cryptocurrency project that he has invested in.
The hacker was reportedly an insider from the crypto project and fled to Thailand following the crime. “The hacker fled to Thailand but he was arrested and returned to China within 48 hours after working with the Chinese police,” a Tweet by Wu Blockchain read....
Read More: Ex-Chairman of Canaan Jack Kong Faces Crypto Project Hack From Insider

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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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